Autor: jholguin@bustamantefabara.com
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New Organic Reform Law to Various Legal Bodies to Guarantee the Labor Rights of Persons with Disabilities, Rare Diseases, Orphans, Catastrophic and High Complexity Conditions, and Their Substitutes
On June 20, 2025, the «Organic Reform Law to Various Legal Bodies to Guarantee the Labor Rights of Persons with Disabilities, Rare Diseases, Orphans, Catastrophic and High Complexity Conditions, and Their Substitutes» was published in the Fifth Supplement No. 64 of the Official Register. This legal reform incorporates significant labor guarantees for these groups, introducing…
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Implementation of the Supervision and Control Fee by the Mining Regulation and Control Agency (ARCOM)
In Official Gazette No. 64 dated June 20, 2025, Resolution No. ARCOM-003/25, issued by the Mining Regulation and Control Agency (hereinafter, “ARCOM”), was published. Through this resolution, ARCOM established the Supervision and Control Fee. The implementation of this fee aims to strengthen technical supervision and control activities, enhance operational and logistical management, and support the…
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Exclusion of the Principality of Andorra from the List of Jurisdictions Considered Tax Havens
Date: June 17, 2025 | Supplement: Fourth Supplement of the Official Registry No. 61 By Resolution No. NAC-DGECCGC25-00000013, issued on June 16, 2025, which amends Resolution No. NAC-DGERCGC15-00000052, establishing the list of tax havens and the applicable rules for the qualification of low-tax jurisdictions and preferential tax regimes, the Director General of the Internal Revenue…
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BUSTAMANTE FABARA advises Millicom on the USD 380 million acquisition of Telefónica Ecuador
Quito, Ecuador – June 23, 2025 – BUSTAMANTE FABARA, a leading law firm recognized for its expertise in mergers and acquisitions and complex cross-border transactions, acted as Ecuadorian legal counsel to Millicom (leading provider of fixed and mobile telecommunications services under brand name Tigo) in the acquisition of Telefónica’s operations in Ecuador, a transaction valued…
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Amendments to the General Regulations of the Organic Law on the Public Electricity Service
In Official Register No. 62, Eighth Supplement, dated June 18, 2025, Executive Decree No. 32 of the 15th of the same month—issued by the President of the Republic—was published, enacting amendments to the General Regulations of the Organic Law on the Public Electricity Service and to the Natural Gas Operations Regulation (hereinafter, the “Regulation”). The…
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Amendments to the Natural Gas Operations Regulation
In Official Register No. 62, Eighth Supplement, dated June 18, 2025, Executive Decree No. 32 of the 15th of the same month—issued by the President of the Republic—was published, enacting amendments to the General Regulations of the Organic Law on the Public Electricity Service and to the Natural Gas Operations Regulation (hereinafter, the “Regulation”). The…
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Key Amendments to the Companies Law Introduced by the Organic Law of National Solidarity (2025)
The Organic Law of National Solidarity, published in Official Register Supplement No. 56 on June 10, 2025, introduces substantial reforms to the corporate regime, specifically related to Simplified Joint Stock Companies (SAS). These amendments aim to strengthen institutional oversight mechanisms, prevent the misuse of legal structures, and combat the infiltration of criminal economies into the…
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Ministry of Labor Issues Ministerial Agreement MDT-2025-054 Amending the Regulation for the Certification of Substitutes for Persons with Disabilities
Ministerial Agreement No. MDT-2025-054, issued on May 15, 2025, and published in Official Register No. 52 on June 4, 2025, amends the Regulation for the Qualification and Certification of Direct Substitutes for Persons with Disabilities, originally established by Ministerial Agreement MDT-2018-0180. This update aligns the requirements with the technical criteria set forth in Ministerial Agreement…
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New Rulings by the SPDP on the Use of Biometric Registration for Employee Attendance and the Appointment of a Data Protection Officer in Savings and Credit Cooperatives.
Key Aspects: The Superintendency of Personal Data Protection («SPDP») has issued two new rulings in response to queries raised by public and private organizations, reaffirming and expanding on interpretative criteria relevant to the application of the Organic Law on Personal Data Protection («LOPDP») and its General Regulations («RLOPDP»). Both responses address sensitive issues with significant…
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BUSTAMANTE FABARA advised the Retail International division of the Talanx Group in the sale of HDI-Seguros S.A. (formerly Liberty Seguros Ecuador) to Grupo Financiero Atlántida
Quito, Ecuador – June 17, 2025 – BUSTAMANTE FABARA, a leading law firm renowned for its expertise in mergers and acquisitions and highly sophisticated legal work, acted as Ecuadorian legal counsel to the Retail International division of the Talanx Group (HDI) in the sale of HDI-Seguros S.A. (formerly Liberty Seguros Ecuador) to Grupo Financiero Atlántida,…